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The organic composition of capital in Karl Marx's economic theory is the ratio of:

The organic composition of capital is represented by constant capital relative to variable capital, \(c/v\). Constant capital is invested in means of production, while…

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The organic composition of capital in Karl Marx's economic theory is the ratio of:

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The organic composition of capital is represented by constant capital relative to variable capital, c/vc/v. Constant capital is invested in means of production, while variable capital is spent on labour power; surplus value relative to total capital instead measures the rate of profit.

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  • Kerala SET (LBS Centre)

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